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Unformatted text preview: Notes File Edit t Format View Window Help 97% Wed 1:28 AM . . . OT 88 Aa Qv Search iCloud November 5, 2017 at 1:24 AM All iCloud You say i got homework 11/22/17 How i got home... Econ Notes 9 MT2 Notes sdfvbnm sdfvbnm A monopolist is a.... Econ Notes 10 MT2 Recently Deleted 11/5/17 10/25/2017 Price Maker- A firm must find the profit maximizing price when the demand curve for its output slopes downward. [Monopoly Graph] On My Mac Notes Deadweight Loss of Monopoly: Notes Econ Notes 9 MT2 Net loss to society when a firm uses its market power to restrict output and increases price [Losses from monopoly graph.] 11/5/17 A monopolist is a.... Google Notes Rent Seeking- Activities undertaken by individuals or firms to influence public policy in a way that will increase their incomes. Notes Econ Notes Ch. 7 MT2 Price Discrimination- Increasing profit by charging different groups of consumers' different prices when the price differences are not justified by differences in costs. 11/5/17 Total Utility- The... Notes Perfectly Discriminating Monopolist- A monopolist who charges a different price for each unit sold; also called the monopolist's dream. First Class Mail Econ Notes 8 MT2 11/5/17 Sunk Cost Fallacy Second Class Mail Notes Econ Notes 10 MT2 Brain Storming Intervi... Product Differentiation 10/25/17 Due 2 weeks fro... 10/23/2017 Notes Audio Notes Products differentiate themselves in four basic ways: 10/17/17 Midterm Review 1. Physical Differences Notes Packing, colors, weight, et.al Writing For Media 10/17/17 Writing Assignm... 2. Location Notes spatial differentiation, price/convenience stores Audio Notes 10/5/17 Sample Rate: 44.... 3. Services Notes free delivery, guarantees, toll free numbers Bath Bomb Ingredients 9/28/17 1/2 Cup - Baking... 4. Product Image Notes Endorsement, all natural, Starbucks, image/brand loyalty, environmentally friendly. Econ Notes 6 [Fast Forward] 9/25/17 Elastic Demand... Notes is relatively easy. Monopolistic Competition- A market structure with many firms selling products that are substitutes but different enough that each firm's demand curve slope - New Folder Economic Notes 5 9/25/17 Price Elasticity O......
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